Trouble Ahead For UK Landlords As
Section 21 ‘No Fault Evictions Will Be Abolished
In this episode:
·
Renters Reform Bill announced in Parliament.
·
Planning reform
·
Property prices
·
Demand has jumped for properties where all the
bills are included in the rent, according to Rightmove.
·
The property website said inquiries for
build-to-rent homes with bills included had risen by 36% over the past year.
·
It comes as two students had to pay £27,000 up
front to secure a Cardiff flat, due to rental market demand.
·
The Welsh government plans to consult on rent
control for private rentals.
·
Rents are rising at the fastest
rate for more than 13 years, according to property experts Zoopla. They
said this is because of limited supply, caused by an "exodus" of
private landlords.
·
Last month, Wales had the biggest annual jump in
rental prices outside of London - up 13.9% to £882 per month according to
Rightmove.
Watch video
version - https://youtu.be/_QpXWoYmG3U
The vast majority of 'buy-to-let'
landlords are small investors with one or two properties, and many are
accidental landlords. Landlords I have spoken to said they would pull out of
the market if 'open tenancies' were forced upon them and would be too nervous
to rent out a property to a tenant were they would not be sure about getting
back possession at the end of the tenancy.
Open House South Herts is advertising cheap property deals in
the north of England from just £30,000 asking price with yields of between
10 and 15%. – see https://www.facebook.com/estateagentswatfordelstreeandborehamwood
Banks not
passing on interest rate rises to savers!
See: video - https://youtu.be/5Z1DVXkCcfo
to see what can you do to make more of your savings.
Make your money
work harder for you…See: 6 Tips to get on the property ladder
- https://youtu.be/F4spqKpYZo4
Learn how to get
started as a first-time property buyer.
A slowdown in the
property market means more opportunities for buyers and investor!
Find out more
about property investing.
You can learn the
secrets of professional property investors who have built huge portfolios with
other people’s money.
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#property #rentalproperty #firsttimehomebuyer #landlord
#buytolet #propertyinvestment
